Note to readers: This is the second instalment of a two-part series on events that transpired at IL&FS Transportation Networks India Limited (ITNL), a subsidiary of the infrastructure conglomerate ...

IL&FS Investment Managers Limited (IIML) was incorporated as Public Limited Company on February 10, 1986 and is a domestic private equity fund management company which manages funds on behalf of ...

Insolvency appellate tribunal NCLAT has given a go-ahead to debt-ridden IL&FS group for the sale of its subsidiary IL&FS Paradip Refinery Water Ltd (IPRWL) to a successful bidder. According to reports ...

New Delhi: The IL&FS Group will initiate before insolvency tribunal NCLT the process to recover Rs 187 crore excess remuneration paid to its former directors and two subsidiaries, who have refused to ...

The Enforcement Directorate (ED) Friday filed its first prosecution complaint or chargesheet in the alleged multi-thousand crore scam involving IL&FS. It has also attached the company's assets worth ...

During the review period, IL&FS Group had availed rating services from Crisil Ltd, CARE Ratings, ICRA, India Ratings (a Fitch group company) and Brickwork. (Reuters) A forensic audit of credit ratings ...

Grant Thornton was also asked to review the ratings provided by various credit rating agencies (CRAs) to IL&FS Transportation Networks Ltd (ITNL), IL&FS Financial Services Ltd (IFIN) and IL&FS Ltd.

Who will police the policemen? That is the million dollar question being asked in corporate circles after Deloitte Haskins & Sells, one of the big-four accounting firms, has been called out in the ...

MUMBAI (Reuters) - Indian shadow bank Infrastructure Leasing & Financial Services (IL&FS), which collapsed late last year, may not have disclosed bad loans on its books for years despite a big part of ...

Crisis-ridden IL&FS on Wednesday reported a net standalone loss of Rs 22,527 crore for the financial year 2018-19, compared to a net profit of Rs 333 crore during the previous year. In a statement, ...

MUMBAI/NEW DELHI (Reuters) - India on Monday took control of Infrastructure Leasing and Financial Services (IL&FS), in a rare move that it said was needed to protect the country's financial system and ...